COASTAL Federal Credit Union in Virginia vs the state
25.8%Denial rate+9.87 pts vs state
27.6%Decision denial rate+7.34 pts vs state
58.1%Origination rate-1.46 pts vs state
7.35%Median rate+0.72 pts vs state
0.31Rate spread (pts)+0.09 pts vs state
$180kMedian applicant income
18Loans originated
8Denied
Trend in Virginia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 40 | 21 | 45.0% | 6.38% | #386 |
| 2024 | 31 | 20 | 12.9% | 8.28% | #427 |
| 2025 | 31 | 18 | 25.8% | 7.35% | #436 |
What COASTAL Federal Credit Union lends in Virginia
By loan purpose
By loan type
Why it denied Virginia applicants
Where in Virginia
Counties with the most COASTAL Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Fairfax County | 3 | 3 | 0 | 0.0% |
| Chesterfield County | 3 | 1 | 0 | 0.0% |
| Franklin County | 3 | 2 | 1 | 33.3% |
| Norfolk city | 2 | 0 | 1 | 50.0% |
| Lynchburg city | 2 | 2 | 0 | 0.0% |
| Chesapeake city | 2 | 2 | 0 | 0.0% |
| Essex County | 2 | 0 | 2 | 100.0% |
| Halifax County | 2 | 0 | 2 | 100.0% |
| Montgomery County | 1 | 0 | 0 | 0.0% |
| Carroll County | 1 | 0 | 1 | 100.0% |
Other large lenders in Virginia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Navy Federal Credit Union | D | 19,395 | 19.3% | 7.75% |
| Rocket Mortgage | C | 19,274 | 14.8% | 6.63% |
| United Shore Financial Services | B | 13,994 | 10.4% | 6.12% |
| Truist Bank | C | 11,838 | 31.6% | 6.49% |
| Mortgage Research Center | C | 9,000 | 16.7% | 6.25% |
| Pennymac Loan Services | C | 8,334 | 10.7% | 6.38% |
| Freedom Mortgage | B | 8,029 | 6.5% | 6.25% |
| Bank of America | F | 6,584 | 31.9% | 6.24% |
| Newrez | D | 6,390 | 16.4% | 6.38% |
| Movement Mortgage | A | 6,126 | 4.3% | 6.56% |
Frequently asked questions
Virginia: 31 applications in 2025, of which 18 were originated and 8 denied.
25.8% of all applications, or 27.6% of the applications it actually decided on. The Virginia statewide average across all lenders was 15.9%.
The median rate on loans COASTAL Federal Credit Union originated in Virginia in 2025 was 7.35%, against a statewide median of 6.63%.
About this data. Figures are COASTAL Federal Credit Union's own HMDA filing for properties located in Virginia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology